Reserving Actuarial Analyst

Selby Jennings; Buffalo (NY); Hybrid; USD 85,000 - 120,000; Full time

Job summary

Selby Jennings is seeking a Reserving Actuarial Analyst for a well-established P&C insurer in Buffalo. This role supports quarterly and annual reserve analyses and contributes to reserving methodology enhancements.

You will collaborate with cross-functional teams, improve processes, and work in a hybrid environment with support for actuarial exam progression.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or related field.
• Approximately 3+ years of actuarial experience within the property & casualty insurance industry preferred.
• Progress toward CAS credentials, including completion of multiple actuarial exams.
• Strong understanding of P&C reserving concepts and insurance products.
• Advanced Excel skills.
• Experience with SQL and data analysis tools preferred.
• Exposure to Power BI, Tableau, ResQ, or similar analytical tools is a plus.
• Strong analytical, problem-solving, and communication skills.

Responsibilities

• Support quarterly and annual reserve analyses using accepted P&C actuarial reserving techniques and methodologies.
• Analyze loss and claims data to estimate unpaid claim liabilities across multiple lines of business.
• Extract, validate, and maintain actuarial data used for reserve studies and reporting.
• Develop and enhance reserving tools, reporting processes, and documentation.
• Prepare reserve summaries and communicate findings to internal stakeholders and leadership.
• Assist with reinsurance reporting requirements and maintain ongoing reinsurance data management processes.
• Collaborate with cross-functional teams to improve efficiency, data quality, and actuarial workflows.
• Support ongoing initiatives related to reserving process automation and analytics enhancements.

Skills

Actuarial experience

Analytical skills

Excel

Communication skills

Education

Bachelor's degree in Actuarial Science / Mathematics / Statistics

Tools

SQL

Power BI

Tableau

ResQ

Job description

A well-established and highly rated property & casualty insurance organization is seeking a Reserving Actuarial Analyst to join its Corporate Actuarial team. This position offers the opportunity to play a key role in the quarterly and annual reserve review process while contributing to reserving methodology enhancements, process improvements, and strategic decision-making across the organization.

Location

Buffalo, NY (Hybrid)

Key Responsibilities

• Support quarterly and annual reserve analyses using accepted P&C actuarial reserving techniques and methodologies.
• Analyze loss and claims data to estimate unpaid claim liabilities across multiple lines of business.
• Extract, validate, and maintain actuarial data used for reserve studies and reporting.
• Develop and enhance reserving tools, reporting processes, and documentation.
• Prepare reserve summaries and communicate findings to internal stakeholders and leadership.
• Assist with reinsurance reporting requirements and maintain ongoing reinsurance data management processes.
• Collaborate with cross-functional teams to improve efficiency, data quality, and actuarial workflows.
• Support ongoing initiatives related to reserving process automation and analytics enhancements.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or a related quantitative field.
• Approximately 3+ years of actuarial experience within the property & casualty insurance industry preferred.
• Progress toward CAS credentials, including completion of multiple actuarial exams.
• Strong understanding of P&C reserving concepts and insurance products.
• Advanced Excel skills.
• Experience with SQL and data analysis tools preferred.
• Exposure to Power BI, Tableau, ResQ, or similar analytical tools is a plus.
• Strong analytical, problem-solving, and communication skills.

Why Consider This Opportunity?

• Join a collaborative actuarial team with direct exposure to reserving strategy and enterprise-wide decision making.
• Gain experience working across multiple commercial and personal lines insurance products.
• Opportunity to influence process improvements and modernization initiatives.
• Hybrid work environment that promotes flexibility and work-life balance.
• Strong support for actuarial exam progression and professional development.